What are Family Income Benefits ?

A family income benefit (FIB) life assurance policy can provide an appropriate cover to meet the income needs in these circumstances. Such a policy pays out a regular series of annual payments that would be free of tax over the period when the benefits are needed to cover the additional expenditure. The payments would start from the date of death and would continue until the policy had expired. (Quote Now)

Quotation
The on-line quotation will provide the full terms and conditions from all the insurance companies along with the key features document showing the provider's charges and the commission payable.

Read quotation and key features carefully

You should read the quotation and key features carefully; they contain important information about your rights and benefits under the policy.

Affordability
The premium should be readily affordable now and in the future, based on an analysis of your income and expenditure.

Commitment to maintain protection contract

It is important to remember that you will be making a long term commitment to maintaining the life assurance cover under this plan. If you cease paying premiums after a short period of time the cover will lapse. To re-establish cover will require the full quotation and application process to be completed and be subject to the then current terms and conditions. If health has deteriorated for example, cover may no longer be available or special terms may be imposed It is important to remember that you will be making a long term commitment to maintaining the cover under this plan.

FIB life assurance - choice of company
Goforcustomer has conducted research using tools such as Standard and Poors , a Financial Security rating agency to ensure the suitability of each provider on the quotation menu. The quotations show the providers in order of premium.